Question 8 of 100Question ID: 612258 A project sponsor tells the project manager that stakeholder expectations and risk thresholds have not been addressed by a particular document. Project planning cannot begin until the sponsor approves this document. What might the project manager have neglected?

BConsideration of enterprise environmental factors

AReview of organizational process assets

CDevelopment of a risk management plan

Question 9 of 100Question ID: 613257 Midway into project execution, the director of marketing leaves the company and is replaced by an external candidate. After meeting with the new stakeholder, the project manager learns that the new director of marketing has a much greater interest in the project, and would like to be updated on progress and project specifics with greater frequency. With the stakeholder register updated to reflect the relevant information, what should the project manager do next?

DSubmit a change request to update the communications management plan

AReview and revise the stakeholder engagement plan as necessary

BPerform stakeholder analysis for the newly identified stakeholder

CUpdate the project documents with the information for the new stakeholder

Question 10 of 100Question ID: 651416 As an employee of a large organization, you have been building a business case for a community outreach project. The project selection steering committee is meeting in a few weeks. What is the best action for you to get your project chartered?

AFind a potential sponsor who can champion your project at the meeting

BUse pre-assignment to secure the best available team in the organization

CPrepare the list of key project deliverables and milestone schedule

DOffer to act as both the project sponsor and the project manager

Question 11 of 100Question ID: 612007 A company is experiencing exponential growth and will soon run out of space in their current production facility. A needs assessment has been completed to evaluate alternatives. One of the options to support future growth is to build an expansion on to their existing production facility. What should the company do next?

CPrepare the business case and benefits management plan

ACollect requirements and develop the project management plan

BUnderstand the business goals and objectives to recommend proposals

DPerform the processes within the Initiating Process Group

Question 12 of 100Question ID: 612412 A senior manager hands the project manager the business case that will be used as an input to develop the project charter. Several sources served as the triggers for the creation of the business case. Which of the following would not be one of those triggers?

AProject manager's expert judgment

Question 13 of 100Question ID: 625024 It comes to the attention of the project manager that some of the vendors do not receive project communications, although the project management plan has specific instructions as to how project information should be shared with vendors. What might be the most likely reason that has caused this issue?

DFailing to review the agreements as part of the Identify Stakeholders process

ANeglecting to include vendors in the project communications register

BThere is no issue; vendors are not supposed to receive project communications

CForgetting to perform the Develop Project Management Plan process

Question 14 of 100Question ID: 612764 A project manager has written a charter but has been unable to get the charter approved by senior management. His manager has asked him to begin the project without the charter. What is the best thing for the project manager to do?

DRefuse to proceed with the projectnagement Plan process

AProceed with the project, but document the lack of project charter in the risk register

BFocus on other projects that have project charters

CStart working on the project management plan

Question 15 of 100Question ID: 612397 You meet with the project sponsor to discuss the sponsor's idea which triggered the project. Even though the concept for the project is new and untested, the sponsor believes that the company's development team is prepared to execute her vision. You start documenting the reasons the sponsor thinks the company is capable to deliver this untested concept. Which project document is being created?

ACommunications management plan

Question 16 of 100Question ID: 612807 An organization has established a threshold for all projects that the expected incremental revenue must exceed costs by at least 25%. The current project is projected to have a benefit-cost ratio (BCR) of 1.75. Based on this information, what can be said about the project?

CThe BCR exceeds the minimum threshold and is in alignment with corporate strategy; therefore, the project can be undertaken.

AThe BCR does not meet the minimum threshold established by the organization; therefore, the project should not be undertaken.

BThe BCR meets but does not exceed the minimum threshold; therefore, the project should not be undertaken.

DThere is not enough information in the question to calculate the BCR and make an informed decision about the project.

Question 18 of 100Question ID: 612439 A project manager has been authorized to apply organizational resources to a new project. What should the project manager do next?

ADevelop the summary milestone schedule

CDevelop the project business documents

Question 20 of 100Question ID: 613612 As the project manager, you are in the process of assisting the project sponsor with creating the project charter for a project which will design and launch a new social media platform. In order to create the project charter, you need to get a better understanding of the project's objectives. What should you do to obtain this information?

DReview the business case and benefits management plan

AConsult the project management plan

CCheck the project needs analysis documents

Question 22 of 100Question ID: 651348 Management has called you in as they are evaluating and laying out the expectations of an upcoming project. They ask you if you want to be involved in the meetings since you are most likely to be the project manager assigned to the project. You are leading another project, and your schedule is very busy. What is your best response?

CAccept the offer since it is beneficial for a project manager to understand the project objectives and other related information

AAccept the offer since a project manager must be involved in a project starting with the Develop Project Charter process

BDecline the offer since the involvement of a project manager in a new project does not begin until after the project charter is approved

DDecline the offer since you are leading another project, and project managers are not allowed to work on multiple projects concurrently

Question 23 of 100Question ID: 612977 A company is considering two projects, project A with the internal rate of return (IRR) of 25% and project B with the IRR of 15%. Which project should the company select and why?

BProject A because it has a higher IRR

AProject B because a lower IRR represents lower costs

CProject B because a lower IRR represents a shorter payback period

DProject A because letter "A" comes before "B"

Question 25 of 100Question ID: 612294 You have been asked to lead a product development project which will use an agile framework. Currently, you are in the process of drafting the project charter, and you want to bring together stakeholders and subject matter experts to discuss perceived project risk, success criteria, and other topics. What is the best way for you to accomplish this objective?

AFacilitate an iteration retrospective

BInvite the relevant participants to the daily scrum meetings

CConduct interviews with the identified individuals

Question 26 of 100Question ID: 651311 In a meeting with all the project managers of a department-wide improvement program, the program manager states the program’s mission and authority relationships. As one of the project managers attending the meeting, what do the mission and authority relationships represent to your project?

CEnterprise environmental factors

Question 27 of 100Question ID: 612028 For an upcoming project, a needs assessment and business case have been completed, and the project management office (PMO) is reviewing a draft of the benefits management plan. The PMO highlights an element of the benefits management plan and requests that the element be removed before the document is finalized. Which of the following was most likely the element the PMO requested to remove?

BA set of options to be considered for addressing the business opportunity

AExpected tangible and intangible value to be gained by the implementation of the project

CA timeframe for realizing the benefits of the project

DMeasures to be used to show benefits realized

Question 28 of 100Question ID: 612827 The project charter for a project in the initiation stage provides an initial budget estimate of $1,000,000. The project will take four years to complete, and the revenues will be realized at the end of the project when the property is sold at the anticipated selling price of $1,100,000. You are of the opinion that the project should proceed since it is profitable, but the director of finance disagrees. What might have you done wrong?

CUsed nominal dollars instead of net present value (NPV)

ANeglected opportunity costs in the calculation

BDid not account for project risk

DFailed to account for sunk costs

Question 29 of 100Question ID: 610001 An executive wants to begin initiating a project by developing a project charter, but since she has never sponsored a project before, she is looking for a document to use as a template. Where should the executive look first?

BEnterprise environmental factors

Question 30 of 100Question ID: 612142 A project sponsor is reviewing a draft of a project charter, which was created by the project manager. The project sponsor notices that a key element is missing from the charter. Which of the following tasks might have the project manager overlooked during the pre-project work?

CIdentification of key deliverables

AIdentification of detailed requirements

BIdentification of subjective project objectives

DDevelopment of a project scope statement

Question 31 of 100Question ID: 651345 A number of projects are under consideration for the upcoming quarter. The Director of Global Systems strongly believes that one of the projects, a system upgrade, is needed and aligned with the long-term business strategy. At the executive steering committee meeting scheduled to select projects for the upcoming quarter, what action should the Director take?

CPresent the merits of the system upgrade project

AAdvocate for the project with the highest NPV

Question 32 of 100Question ID: 612628 A business case with a proposal for a project has been submitted to the company's portfolio steering committee. The committee approves the proposal and requests one of the company's project managers to lead the project. What should the project manager do next?

AMeet with the sponsor and key stakeholders to learn the key project elements

BDevelop the project management plan

CDetermine how to plan for each Project Management Knowledge Area

DCreate the project scope statement

Question 33 of 100Question ID: 651344 A software development project is being chartered. The sponsor informs the to-be-assigned project manager that while the project will be performed using the traditional predictive project management approach, the deliverables will be developed incrementally, over the course of several iterations, by a team of agile practitioners. How does that directive alter the expectations of the project manager's role?

DMore servant leadership and team delegation

AMore reliance on the project manager to plan out the work

BNothing changes for the project manager.

CThe role of the project manager is replaced by the product owner.

Question 34 of 100Question ID: 612272 As the project manager, you are in the process of developing a draft of a document which authorizes a new software development project. You have reviewed the agreements and both business documents. What is also important to do during this process?

BStudy the governance functions and processes to provide guidance and decision making

AIdentify stakeholders and prepare the stakeholder register

CUpdate the business documents to correct any errors

DReview the benefits management plan

Question 35 of 100Question ID: 612242 A project manager has been asked to create a document that formally authorizes a project to use ground-penetrating radar to map geological conditions along a proposed crude oil pipeline route. The performing organization has agreed to share the data with a local university. The project manager has reviewed the business documents and considered any relevant external environmental factors to create the requested document. What might the project manager do next?

BEnsure any relevant information from the memorandum of understanding (MOU) is included in the document

AResearch the stakeholder engagement plan for any information to be included in the document

CReview the business case for any pertinent information

DLook to see if a benefits management plan was previously created

Question 36 of 100Question ID: 612886 A project manager is holding a meeting with relevant stakeholders to perform a benefits analysis for a project that has been selected by the company. The project is codenamed Project Tiger and has a net present value of $3,000,000. One of the meeting participants asks about Project Panther, which was estimated to have a net present value of $2,500,000. The project manager explains that Project Panther was rejected because the company did not have the resources to support both projects. What else might the project manager state in this scenario?

AThe $2,500,000 is the opportunity cost

BThe $2,500,000 is considered sunk cost

CThe $500,000 is the opportunity cost

DThe $3,000,000 is considered sunk cost

Question 37 of 100Question ID: 612322 You diligently gather all the available information about the project and produce a draft of the project charter, which you submit to the sponsor for approval. The following day the sponsor calls you and states that the charter is missing an essential element. What did you most likely neglect to include?

DThe business needs to be satisfied with the execution of the project

AThe scope baseline for the project

CA detailed project description including boundaries and all deliverables

Question 38 of 100Question ID: 625202 You have just taken over as manager of a project and have immediately noticed that the stakeholders are showing little to no interest in the project’s status and projections. As the project manager, you feel that having more interest from the stakeholders would ultimately benefit the success of the project. What is the best course of action to determine which stakeholders would be the best to communicate with first?

BReview the stakeholder register to determine who are the key stakeholders to be contacted first

AMeet with each of the stakeholders individually as it is always important to get to know them

CIt is best to do nothing as stakeholder interference may cause more work for the project team

DOrganize a meeting in which all stakeholders are invited to discuss the project status

Question 39 of 100Question ID: 625021 The project charter for a cross-functional project has already been approved. The project manager wants to identify stakeholders as soon as possible so that the project planning can start. The project manager quickly creates a document listing the project manager, project sponsor, and the project customer as the only project stakeholders. What has the project manager done wrong?

AThe project manager did not identify all of the project stakeholders.

BThe project manager has done nothing wrong, as the people that are documented are all project stakeholders.

CThe project manager should have identified all project stakeholders before the approval of the project charter.

DThe project manager should have done this exercise after developing the project management plan.

Question 40 of 100Question ID: 612300 You are working as a part-time manager at a weak matrix organization. Your functional manager adds to your workload by declaring you the project manager for a new business idea. After reviewing the business case, you understand new personnel will need to be hired to execute the project. What constraint, if any, will you be operating under in terms of hiring additional staff?

AThe functional manager would be responsible for hiring staff.

BThe human resources manager would be responsible for hiring staff.

CYou, as project manager, would be responsible for hiring staff.

DSenior management would be responsible for hiring staff.

Question 41 of 100Question ID: 613166 During project execution, many approved changes requested by one of the project stakeholders have shifted the direction of the project. It turned out the stakeholder was not effectively engaged in project planning even though the stakeholder holds substantial power in the organization and is very interested in the project. What could the project manager have done earlier in the project to avoid this situation?

CCategorized stakeholders with data representation techniques when developing the stakeholder register

AExcluded the stakeholder from the project to avoid scope creep

BIdentified the individual as a stakeholder for inclusion in the stakeholder register

DNothing could have been done to avoid this situation since the stakeholder holds substantial power in the organization

Question 42 of 100Question ID: 651342 The previous project was a failure, and its objectives have not been achieved. However, since the organization still needs the deliverables that were to be produced by that project, the organization initiates a new project. What should the project manager do to ensure that the new project starts with a higher probability of success?

CReview the lessons learned from the failed project to incorporate this knowledge into the project charter of the new project

AInclude the assumption in the project charter that this project may also fail to set stakeholder expectations accordingly

BMake certain that the team members from the failed project are not involved in the new project to avoid repeating the failure

DGather information from the project manager and the team of the failed project and use this information to plan the new project

Question 43 of 100Question ID: 625205 You have recently completed a project to build a new airport for small personal aircraft. About a month later, you see a news report of protestors outside of the new airport. The news report indicates that local residents are very upset about the noise from aircraft taking off and landing. The residents are petitioning the local government to shut down the airport. Which project management process was inadequate?

DCommunications management plan

Question 44 of 100Question ID: 612249 You are in the initiation stage of a project that aims to deploy and then maintain the robotics for an automated production line for an important client. In the project charter, you need to include the agreed mean time to recover (MTTR) in the event of a breakdown. What should you do to find this information?

DCheck the service level agreement with the client

ADo nothing since agreements are not yet available during project initiation

BRefer to the procurement management plan

CReview any emails or other correspondence with the client

Question 46 of 100Question ID: 612962 You are facilitating a meeting with key stakeholders to discuss a new project that will be conducted using an agile project management approach. One of the stakeholders is concerned about how the project fits in with the company's overall organizational strategy. What would you recommend to the stakeholder to address their concern?

ALook at the benefits management plan

CExamine the work breakdown structure

Question 47 of 100Question ID: 610058 A project is divided into four sequential phases. The second phase of the project has just been completed, and the third phase is about to begin. What should the project manager do first?

BPerform the process of identifying the project stakeholders

ABegin the process of directing and managing the project work

CStart the process of monitoring and controlling the project work

DBegin the process of developing the project management plan

Question 48 of 100Question ID: 651433 An important event indicated in the milestone schedule of a project is approaching when the project manager realizes that a key stakeholder that was supposed to lead the event is on vacation. What did the project manager likely miss?

BProviding the stakeholder with the approved project charter

ACanceling the vacations of all stakeholders prior to the start of the project

CSigning a mutually binding agreement with the stakeholder to lead the event

DSubmitting a change request to update the stakeholder register

Question 49 of 100Question ID: 626033 You have just completed the creation of the stakeholder register and scheduled a meeting with the key project stakeholders. You want to ensure that they are aware of their roles and responsibilities as well as understand the key project deliverables and milestones. What should you do?

CProvide the stakeholders with the approved project charter

ALet the stakeholders review the stakeholder register

BLet the stakeholders review the WBS and the RACI chart

DInform the stakeholders of the approved project management plan

Question 51 of 100Question ID: 612126 A senior executive shares her opinion with the project manager that the production is too labor-intensive, such that profit margins are shrinking. The company must reduce labor costs significantly through automation if it is to survive. What is the project manager’s best course of action in this situation?

CSuggest that the senior executive initiate a project

AStart developing a business case

BDo nothing until a project charter has been approved

DAsk to be designated as the project sponsor and begin project initiation

INITIATION

Authored by Edi Giyanto

Professional Development

100 Questions

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MULTIPLE CHOICE QUESTION

1 min • 1 pt

Question 1 of 100Question ID: 651347
To utilize a few employees who are not assigned to any projects this month, the functional manager can authorize a project specifically for them. There are two project ideas that have been vetted. One is an IT project to implement a new software tool. Another is a charity project for the community. Alas, there is only enough budget for one of the projects.
How should the functional manager approach the project chartering?

AEvaluate the business value of each of the projects to determine which one brings more value to the company

BCharter the IT project of the new software tool implementation since it is likely to provide a long-term tangible benefit

CCharter the charity project for the community since it is likely to have a positive, long-lasting, intangible, public benefit

DCharter both projects with a reduced scope that can be covered by the available budget to gain a little value from each

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Question 2 of 100Question ID: 612030
To develop a charter for the project that you have been assigned to lead, you have reviewed the business documents and studied the agreements. You lack the information about the key project deliverables which should be included in the charter.
What is the best way to obtain this information?

AFacilitate a meeting with key stakeholders

BAsk the project sponsor for their advice

CReview the project scope statement

DTalk to the end users of the projectity since it is likely to have a positive, long-lasting, intangible, public benefit

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Question 3 of 100Question ID: 626018
A senior manager has just been appointed as a project sponsor for a new project the company is about to undertake. The newly appointed sponsor starts developing a project charter but is not sure what information should be included. The sponsor seeks advice from an experienced project manager.
The project manager responds that at a minimum, the project charter should include which of the following:

AHigh-level information about the project

BDetailed project scope and schedule

CA list of all project stakeholders

DA list of vendors selected for the project

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Question 4 of 100Question ID: 612065
A project manager was asked to prepare a document, which the project sponsor will sign to authorize a new software development project.
Which of the following will the project manager want to include in this document?

AA work breakdown structure (WBS)

BThe key project deliverables

CA project schedule

DThe project budget

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Question 5 of 100Question ID: 613012
You are about to hold a kick-off meeting to begin planning for a small project you have been assigned to manage. A stakeholder who has been out of the office for most of the project's initiation phase, asks you for more information about how the project will impact his department.
Which one of the following would be the most appropriate to provide the stakeholder?

AThe project scope statement

BThe approved project charter

CThe project management plan

DThe business case

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Question 6 of 100Question ID: 613104
A project manager is assigned to a research and development project for an external client and is currently in the process of developing a list of potential stakeholders. The project is still in the initiation stage, and the project charter has yet to be approved. The project manager has already reviewed an early draft of the project charter and consulted the business documents to find potential stakeholders.
What else might the project manager do to identify stakeholders?

ALook at the stakeholder register

BReview the contract

CResearch the business case

DRead the stakeholder engagement plan

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Question 7 of 100Question ID: 626030
You are reviewing a document that describes the project vision, mission, purpose, objectives, success criteria, high-level requirements, risks, assumptions, the list of key stakeholders, and the name of the assigned project manager.
What else should be specified in this document?

AThe business need and the cost-benefit analysis

BRequirements for formal procurement closure

CDevelopment approach and project life cycle

DMilestone schedule and key deliverables

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INITIATION

Question 4 of 100Question ID: 612065A project manager was asked to prepare a document, which the project sponsor will sign to authorize a new software development project.Which of the following will the project manager want to include in this document?

Question 8 of 100Question ID: 612258A project sponsor tells the project manager that stakeholder expectations and risk thresholds have not been addressed by a particular document. Project planning cannot begin until the sponsor approves this document.What might the project manager have neglected?

Question 10 of 100Question ID: 651416As an employee of a large organization, you have been building a business case for a community outreach project. The project selection steering committee is meeting in a few weeks.What is the best action for you to get your project chartered?

Access all questions and much more by creating a free account

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Professional Development

Question 4 of 100Question ID: 612065
A project manager was asked to prepare a document, which the project sponsor will sign to authorize a new software development project.
Which of the following will the project manager want to include in this document?

Question 8 of 100Question ID: 612258
A project sponsor tells the project manager that stakeholder expectations and risk thresholds have not been addressed by a particular document. Project planning cannot begin until the sponsor approves this document.
What might the project manager have neglected?

Question 10 of 100Question ID: 651416
As an employee of a large organization, you have been building a business case for a community outreach project. The project selection steering committee is meeting in a few weeks.
What is the best action for you to get your project chartered?